Convert Costa Rican Colón to Chilean Unit of Account (UF)
Please provide values below to convert Costa Rican Colón [CRC] to Chilean Unit of Account (UF) [CLF], or Convert Chilean Unit of Account (UF) to Costa Rican Colón.
How to Convert Costa Rican Colón to Chilean Unit Of Account (Uf)
1 CRC = 20279.877754544 CLF
Example: convert 15 CRC to CLF:
15 CRC = 15 × 20279.877754544 CLF = 304198.16631816 CLF
Costa Rican Colón to Chilean Unit Of Account (Uf) Conversion Table
Costa Rican Colón | Chilean Unit of Account (UF) |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
Chilean Unit Of Account (Uf)
The Chilean Unit of Account (UF) is a financial unit used in Chile, primarily for indexing and legal purposes, representing a fixed value that adjusts according to inflation.
History/Origin
Introduced in 1967, the UF was established to serve as a stable reference for contracts and legal transactions, adjusting periodically based on inflation indices to preserve its value over time.
Current Use
The UF is widely used in Chile for valuing real estate, loans, and legal contracts, and it is updated daily based on the Chilean Consumer Price Index (CPI).